Going to retest (4/8) | 23 أغسطس 2016
23 أغسطس 2016, GBP/USD
Four-hours chart of GBPUSD. From the support area defined by the level (2/8) and the Daily SuperTrend line, the pair has resumed the upward movement. Thus the local resistance level (four-hours' SuperTrend line) was broken. So, the way to the main support and resistance level (4/8) is open. We are waiting the price at this level. At the same time, it it too early to talk about further growth until the price consolidates above (4/8). The main option is a downward bounce.
Trading solutions: none
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
